Why do great strategies fail? That’s the question Michael Raynor asks in his new book, The Strategy Paradox. Michael says the job of leaders is to embrace the inherent uncertainty of strategy and recognize that the future can’t be predicted. Instead of making choices, leaders create options. Michael is a Distinguished Fellow with Deloitte Research in Boston.

Our second topic this week is a strategy critical to cities – how to leverage universities and other anchor institutions to contribute fully to urban success and, in turn, to their own. Dr. David Maurrasse of Marga is with us to talk about the challenges and rewards of these partnerships. David is on the faculty at Columbia University’s School of International and Public Affairs.

Smart City is a syndicated, weekly hour-long public radio talk show that takes an in-depth look at urban life: the people, places, ideas and trends that affect us all. Host Carol Coletta talks with national and international public policy experts, economists, business leaders, artists, developers, planners and others on the pulse of city life for a penetrating discussion on urban issues.

In Memphis, Smart City is broadcast on WKNO FM, 91.1, at 9 a.m. Sundays. It is also webcast and podcast at the Smart City website, which also has a listing of broadcast times in other cities and the sign up for a weekly newsletter.